Thou shalt stand abroad, and the man to whom thou dost lend shall bring out the pledge abroad unto thee.

Thou shalt stand without, and the man to whom thou dost lend shall bring forth the pledge without unto thee.

Thou shalt stand outside, and the man to whom thou hast made a loan shall bring out the pledge to thee without.

at the outside thou dost stand, and the man on whom thou art lifting it up is bringing out unto thee the pledge at the outside.

You shall stand abroad, and the man to whom you do lend shall bring out the pledge abroad to you.

But keep outside till he comes out and gives it to you.

Instead, you shall stand outside, and he will carry out to you what he has.

Foris subsistes, et vir cui mutuabis afferet ad te pignus foras.

Thou shall stand abroad,.... Without doors, in the street, as the Targum of Jonathan, while the borrower or debtor looks out, and brings forth what he can best spare as a pledge:
and the man to whom thou dost lend shall bring out the pledge abroad unto thee; now as, on the one hand, if the lender or creditor had been allowed to go in and take what he pleased for a pledge, he would choose the best; so, on the other hand, the borrower or debtor would be apt to bring the worst, what was of the least value and use; wherefore the Jews made it a rule that it should be of a middling sort, between both, lest it should be a discouragement and hinderance to lend upon pledges (l).
(l) Misn. Gittin, c. 5. sect. 1. Maimon. & Bartenora in ib.

The pledge - He shall chuse what pledge he pleases, provided it be sufficient for the purpose.